Page 110 - 2017 Hotel Cost Estimating Guide

Consolidated Cargo | Cargo containing shipments of Containership | An ocean vessel speciically designed
two or more shippers, usually shipped by a irm called a to carry ocean cargo containers. It is itted with vertical

consolidator. The consolidator takes advantage of lower cells for maximum capacity.

FCL rates, and savings are passed on to shippers.
Container Terminal | A facility which allows container

Consolidation | The combination of many small vessels to berth alongside for the operations of loading

shipments into one container.
and unloading of containers. Shippers deliver their
export containers to the Container Terminal awaiting

Consolidator | A person or irm performing a for loading onto container vessels whilst consignees

consolidation service of small lots of cargo for shippers.
at ports take delivery of containers from the Container
Terminal after they are unloaded from the container

Consortium | A group of carriers pooling resources, vessels.

normally container vessels, in a trade lane to maximize
Container Type | Containers are classiied under
their resources eficiently.
different types, e.g. dry cargo, reefer, open top, lat-

Construction Management | A construction delivery rack, open-side, etc.

method in which the Construction Manager solicits
Container Yard (CY) | A facility inside or outside the
bids from and holds all contracts with the individual
subcontractors that are performing the construction Container Terminal that accepts laden export containers
from shippers or laden import containers for delivery to
work on a project. A Construction Manager generally
consigness.
works either for a lat fee or for a percentage of the total
construction cost.
Controlled Atmosphere (CA) | An atmosphere

in which oxygen, carbon dioxide, and nitrogen
Container | A van-type body that can be relatively
concentrations are regulated, as are tempurature and
easily interchanged between trucks, trains, and ships.
humidity.

Container Freight Station (CFS) | Consolidation
Cost and Freight (C&F) A term of trading in which the
depots where parcels of cargo are grouped and buyer of the goods pays an amount that covers the cost
loaded into containers. Alternatively, inbound cargo in
of the goods plus the cost of transporting the goods
a container are devanned for deliveries to consignees
from origin to the port of discharge or inal destination.
as LCLs.

Cost, Insurance, and Freight (CIF) A term of trading
Container Load Plan (CLP) | A document prepared
in which the buyer of the goods pays for the cost of the
to show all details of cargo loaded in a container, e.g. goods, the cost of transporting the goods from origin

weight (individual and total), measurement, markings, to the port of discharge or inal destination, and the
shippers, consignees, the origin and destination of
insurance premium for a maritime insurance policy for
goods, and location of cargo within the container. A the value of the order.

Container Load Plan is either prepared by the cargo
consolidator or the shipper that ships its cargo on FCL
Cost Per Key | The total renovation cost for the hotel
terms.
divided by the number of “keys” (or rooms) in the hotel.

Different owners and consultants may calculate this in

Container Number | The unique identiication of a different ways.
container.

Cost Per Square Foot | The total renovation cost for

Container Seal Number | A number embossed on the hotel divided by the Gross Square Footage (GSF)
high-security seals for closing up containers which will of the hotel.

serve identiication purposes.

Cube the Shipment | Measure the total cubic feet of
Container Size | The length of a container i.e. 20’, 40’ the shipment.

and 45’ (feet).

Currency Adjustment Factor (CAF) An ancillary
charge on ocean freight to compensate for exchange

rate luctuations.

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JN+A and HVS DESIGN | HOTEL COST ESTIMATING GUIDE 2017